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Decreasing automotive demand

Mike Thompson avatar
Mike Thompson@MikeInvest
about 1 month ago

Porsche at the Crossroads The Impact of Falling Demand on Global Sports Car Deliveries

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The iconic German sports car manufacturer Porsche has faced significant challenges in the first quarter of 2020. Global car deliveries dropped by 8% compared to the same period in the previous year, with total shipments reaching 71,470 vehicles. This decline mirrors shrinking demand in key markets — China and Europe — where deliveries fell by 42% and 10%, respectively.

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